Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A cap increment arises if:
(a) on a day (the starting day ) on or after 1 July 2017, you start to be the * child recipient of a * superannuation income stream; and
(b) the deceased did not have a * transfer balance account just before death.
(2) The amount of the cap increment is:
(a) the * general transfer balance cap, unless paragraph (b) applies; or
(b) if you are not the only person to receive a * superannuation death benefit because of the death of the person--the proportion of the general transfer balance cap that corresponds to your share of the deceased's * superannuation interests.
(3) The cap increment arises on the starting day.